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DSV set to acquire two US-based logistics firms, strengthen its semiconductor service offerings

21 March 2023 7:23 PM IST

These acquisitions will strengthen DSV's position within the semiconductor industry, align with its new Phoenix-Mesa Gateway Airport operations and...

Kuehne Nagel achieved net turnover of over CHF 6.0 billion, EBIT of CHF 431 million and earnings for the period of CHF 318 million.

Kuehne+Nagel reports 22% YoY net turnover growth in Q1 2021

26 April 2021 3:59 PM IST

April 26, 2021: Marked by strong demand in transport services, especially for pharma and e-commerce fulfilment, Kuehne+Nagel reported a strong start...

Sunil Nair, chief executive officer, Snowman Logistics

We will soon have a pharma vertical led by expert professionals: Snowman CEO Sunil Nair

26 Sept 2020 2:42 PM IST

In an exclusive interview with Indian Transport and Logistics News, Sunil Nair, chief executive officer, Snowman Logistics, is specifically talking...

Contribution of the freight forwarding business to the Group%u2019s total segment profit has grown from 20% previously to 26% in 2020 1H.

Kerry Logistics’ freight forwarding profit increased by 40% in 2020H1

28 Aug 2020 2:05 PM IST

August 28, 2020: Kerry Logistics Network announced the Group’s interim results for the six months ended June 30, 2020, with a revenue increase of 10%...

GIL's first-half Air Freight net revenue increased 17 percent vs. the same period a year earlier, while Ocean Freight net revenue decreased 16 percent vs. same period last year.

Agility reports 61% fall in net profit to $52 mn for first half of 2020

17 Aug 2020 12:13 PM IST

August 17, 2020: The global logistics provider Agility today reported a first-half net profit of $52.93 million, a decrease of 61.3 percent over the...

Air is reeling under pressure with passenger traffic practically at nil levels and freight traffic at 60 percent of the normal levels in May 2020.

Indian sea & road freight recovering; air still impacted: Ind-Ra

7 Aug 2020 12:42 PM IST

August 7, 2020: India Ratings and Research (Ind-Ra) has published the first edition of its credit news digest on India’s logistics sector highlighting...